Break out that wallet of yours for Sony will, in fact, release an 80GB PS3 next month, confirming earlier rumors. For now, the 80GB model is only confirmed for release in South Korea (for the low, low price of around $556), but you can bet that it’ll come out here soon enough. Next Gen also speculates that a price drop could be in the works, a point Sony has repeatedly taken issue with, especially since it’s losing so much per console produced and sold as it is.

Sony Confirms 80GB PS3 [Next Gen]